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Have increased their stage to 44% aspire now have 56%
Could be good
Just announced this morning that 49rs have option to buy us for £400-£475 million before Jan 2024.
This includes the ground and original investment deducted from the price. I cannot remember how much they have paid already but think it would be in the region of £100million so another £300miilion or so needed.
Deal voided if AR buys another club.
I agree BB - I can't see the investment money simply going into the club - that would just enlarge the shareholding - I think this is a buyout of Radz' share.
Radz has been very open about his desire to buy another club in Italy, this may be part of that move.
I am a little nervous because I really respect his business approach and he's been brilliant for us. I hope he's found a suitable heir in the 49ers and not a Glazers in disguise.
AR recently valued LUFC at £250million so another 8% is about £20million.
Given he also said it has cost him £100million to buy us, I would expect him to bank some of this cash for himself.
Not expecting it to make a huge difference to January where I think a couple of loans is the most we can expect.
That's all Radz and the rest involved in Aser will allow (for now) id say Smurf
I reckon they just want to get to 49%.
Any idea of the money involved mouseman?
Looks like a full take over is definitely on the horizon..... 👍